Covid-19 has had a minimal impact on the apartment market to date, yet it has caused unusual effects and even some short-term benefits. As most apartments are based on yearly contracts, it is a case of delayed impact rather than no impact, where occupancy and rental income could drop from the second quarter of 2020 […]
Read MoreThe share of the Philippines’ national debt to its overall economy is likely to jump in 2020, according to Capital Economics. In a report on Monday night, the London-based research consultancy firm estimated that the country’s debt-to-gross domestic product (GDP) ratio could hit 50 percent this year. The outlook compares with the Philippines’ revised debt-to-GDP […]
Read MoreMinister at the Prime Minister’s Office and Minister of Finance and Economy II Dato Seri Setia Dr Awang Haji Mohd Amin Liew bin Abdullah yesterday announced that updates have been made to the guidelines for cross-border travel for transport operators and runners. “With the consent of His Majesty Sultan Haji Hassanal Bolkiah Mu’izzaddin Waddaulah ibni […]
Read MoreMany Vietnamese small- and medium-sized enterprises (SMEs) are facing cash flow problems triggered by the ongoing Covid-19 pandemic, stated a survey by the Vietnam Chamber of Commerce and Industry (VCCI). According to the survey, some 85% of SMEs have scaled down their market, resulting in 60% of firms facing cash flow issues. Further, only 50% […]
Read MoreThe government is in the process of providing money for the unemployed affected by the coronavirus pandemic, but the total amount is as yet unknown, according to the Ministry of Labour and Vocational Training. Heng Sour, the Ministry of Labour’s spokesman, said yesterday that now it is hard to specify the exact amount because each […]
Read MoreIndonesia’s economy is heading into turbulence as the COVID-19 pandemic is expected to further batter growth after the country recorded the weakest economic expansion since 2001 in the first quarter of the year, economists have warned. The country’s gross domestic product (GDP) grew 2.97 percent year-on-year (yoy) in the first three months of the year […]
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Thailand
